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Crypto wallets explainedSetting up a Bitcoin cold storage wallet is straightforward. 1. Create an offline Bitcoin address to receive your bitcoin. 2. Send bitcoin to the generated. Store the bulk of your crypto in a cold wallet since that's the most secure option. � Use a hot wallet for smaller amounts of crypto that you want available for. The device containing your Bitcoin wallet stores the private key, not the coins themselves. Your coins are stored on the Bitcoin blockchain, and your private.
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